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FACT SHEET <br /> <br />£rJAO UND£~ C.]iSiDERATiO.: W6nd6Pw6Od. L6n~"SR N1234 <br />LOCAT!ON: Township l, Rocky River Acres Subdivision <br /> <br /> The petition waE formally validated on 6-15-1983 <br /> (a). -he number of property owners affected 19 <br /> (b) The number of property owners participating 17 or 89.47% <br /> <br /> 2.- Footage to be paved 3160 total of both sides of the road, or <br /> <br /> 1580 linear feet (State Measure). <br /> <br /> (a) Footage represented by owner participation 2468 ft. or 78.10 %. <br /> (b) Footage insigned for and to be assessed 692 ft. <br /> <br />3. ~otala~o~n$ of funds to be advanced to the State for project 6320 <br /> (a) Amount to De ~l~d'.f~Om property owners s ,4,936.00 <br /> (b) Amount to be contributed by Cabarrus County S 1,384.00 <br /> <br /> (To be repaid to the County by tax assessment <br /> to those non-participating property owners over <br /> a five (5) year period at 12% per annum.) <br /> <br />4. The first public hearing was set by the Board of Co~.mlissioners to be held on <br /> August 15, 1983 at 8:20 p.m. . At that time the Board will review <br /> the facts relating to this road paving re'quest and determine iF the County will <br /> participate financially. <br /> <br /> If approved by the Board, then a second public hearing will need to be scheduled <br /> not mere than thirty (30) days on the preliminary assessment scroll and map. <br /> <br /> ¥ <br /> I <br /> <br /> <br />